Inter City Services Inc

Analysis

Inter City Services Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Inter City Services Inc reported income of $267k and spending of $252k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $483k to $267k (-45%), an average of -11% a year. The sharpest change came in the year to June 2024, when income dropped by 38%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inter City Services Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Cheshire Community Action Team Inc ($266k), Tools & Tiaras Inc ($267k) and Nihonmachi Street Fair Inc ($266k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $28k (11% of expenses). At year end it held assets of $7,897 against liabilities of -$1,748, net assets of $9,645.